and the obama administration took the capital market stabilization programs and made them work. now, what hasn't been done -- and today we have financial markets that -- modern financial markets that are the best in the world, broadest, deepest, most efficient capital markets in the world. the banks are safer. they're better capitalized, better regulated. >> leverage is down. >> leverage is down. all of those kinds of things. now, what hasn't been done -- very importantly we haven't corrected many of the flawed government policies that got us where we are. you know, this was all about housing. and we overstimulated residential housing for many, many years through, i think, a flawed set of policy initiatives that were all designed for a good purpose, to promote homeownership, but had you too much of that. and fannie and freddie were at the vortex of the crisis. as important as anything we did during the crisis to stabilize the markets and to prevent it from getting much worse, was stepping in and putting fannie and freddie into queconservato p conservatorship. but that was a time